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New casino licenses issued in Switzerland Europe RegulationOn November 29, the Swiss Federal Government issued new licenses to operate casinos. There are currently 21 casinos operating in the country, the concession agreements for which expire on December 31, 2024.November 30, 2023 -
Brazil Senate postpones vote on sports betting bill Regulation BrazilThe Brazilian Senate has postponed a vote on a bill legalizing sports betting. It was scheduled for November 29, but did not take place due to more than 100 amendments to the document. The greatest controversy was caused by the proposal to legalize online casinos.November 29, 2023 -
China lottery sales up 59% in October 2023 Market analysis ChinaIn October 2023, Chinese residents bought 47.34 billion yuan ($6.61 billion) worth of lottery tickets. This follows from data published recently by the Ministry of Finance of the People's Republic of China.November 28, 2023 -
A bill to penalize match-fixing presented in Peru Latin America RegulationA bill to penalise match-fixing has been presented in Peru. The author of the document is congress deputy Susel Paredes.November 27, 2023 -
Vietnam may open another casino for locals Regulation VietnamThe Ministry of Planning and Investment has proposed building a casino resort complex on a 245-hectare site in the Van Don Special Economic Zone in Quang Ninh province in the northeast of the country. The investment in the project is estimated to be VND 51.55 trillion (US$2.15 billion). Construction is scheduled to be completed in the second half of 2032.November 26, 2023 -
UK plans to introduce a unified tax on online gambling. Regulation EuropeThe UK government intends to implement a unified tax on online gambling, as announced recently by Finance Minister Jeremy Hunt. He made this statement during a speech to members of the House of Commons.November 25, 2023 -
Philippine casino revenue up 20% in Q3 2023 Philippines Market analysisThe gross gaming revenue of licensed casinos in the Philippines stood at PHP 68.8 billion (USD 1.24 billion) in the third quarter of 2023. This is according to a report by the Philippine Amusement and Gaming Corporation (PAGCOR) that was released recently.November 24, 2023 -
OPAP reports 3.6% decline in Q3 2023 Market analysisGreek gaming operator OPAP's gross gaming revenue (GGR) for the third quarter of 2023 was €481 million. This follows from the financial report of Greece's leading gambling company.November 23, 2023 -
National Lottery Trust Fund to be audited in Nigeria Regulation NigeriaIn Nigeria, the House of Representatives Committee on Finance is organizing a probe of the National Lottery Trust Fund over off-budget expenditure by the management.November 22, 2023 -
Tax on sports betting in Brazil is proposed to be reduced to 12% Regulation BrazilThe tax rate on income from betting in Brazil may be reduced to 12%. The corresponding bill is under consideration in the Senate of the South American state.November 21, 2023
